Germany wants one million EVs by 2020

subscribe

German Chancellor Angela Merkel and top executives of the country's main carmakers and energy companies are meeting in Berlin to launch a new initiative to develop electric vehicles.

The so-called "national platform for electric mobility" comes after Merkel pledged to have one million electric vehicles on the road within the next decade.

Merkel says there needs to be greater independence from natural resources. She is pushing sustainable technologies that will help limit the effects of climate change.

BMW AG's chief executive Norbert Reithofer says Germany is well positioned to become a technology leader in that market.

He says: "To make this happen, our leaders in politics and industry have to be pulling in the same direction."

Related News

warren buffett

Warren Buffett-linked company to build $200M wind power farm in Alberta

CALGARY - A company linked to U.S. investor Warren Buffett says it will break ground on a $200-million, 117.6-megawatt wind farm in southeastern Alberta next year.

In a release, Calgary-based BHE Canada, a subsidiary of Buffett's Berkshire Hathaway Energy, says its Rattlesnake Ridge Wind project will be located southwest of Medicine Hat and will produce enough energy to supply the equivalent of 79,000 homes.

"We felt that it was time to make an investment here in Alberta," said Bill Christensen, vice-president of corporate development for BHE Canada, in an interview with the Calgary Eyeopener.

"The structure of the markets here in Alberta make…

READ MORE
douglas kee

Investor: Hydro One has too many unknowns to be a good investment

READ MORE

SC nuclear plant on the mend after a leak shut down production for weeks

READ MORE

powerline worker

Canada in top 10 for hydropower jobs, but doesn't rank on other renewables

READ MORE

German Chancellor Olaf Scholz

Germany extends nuclear power amid energy crisis

READ MORE